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SEC would remain open "limited number of days" in gov't shutdown

SEC chairman Jay Clayton testifying in front of Congress.
SEC Chairman Jay Clayton. Photo By Bill Clark/Getty.

The Securities and Exchange Commission, which is charged with protecting investors and regulating U.S. markets, says that it would only "remain open for a limited number of days" were the federal government to shut down.

Why it matters: Any slowdown or suspension of key SEC services could disrupt financial markets.